Will the main force use non-farm data to 'kill the bulls'?
History does not simply repeat itself, but it often bears a striking resemblance.
After a 10-day consolidation, BTC surged by 20%!
Is this a repetition of history, or is the main force using the data to wash out positions?
Bitcoin's daily chart has been consolidating for 8 days.
Historical patterns show that the 10th-11th days often welcome a turning point!
And the U.S. non-farm data this Friday evening could very likely become the trigger for a market explosion.
As traders, we must prepare for both outcomes: either make a big profit or accurately escape the top!
Currently, there is no top divergence on the daily chart, and the short-term sentiment is still bullish. Any contrary short positions should be limited to the short term and must have a stop-loss.
Only a clear break below 92,000 can confirm a bearish trend; otherwise, it’s easy to be squeezed!
The Ethereum long positions that I encouraged fans to take a couple of days ago have also gained 2x profit, which is quite good.
With decisiveness, aiming to feast on the big gains, and striving for success.
Big market action is about to unfold.
